Melco Holdings (NGO:6676) Days Payable : 48.73 (As of Dec. 2023)

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What is Melco Holdings Days Payable?

Melco Holdings's average Accounts Payable for the three months ended in Dec. 2023 was 円15,671 Mil. Melco Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was 円29,345 Mil. Hence, Melco Holdings's Days Payable for the three months ended in Dec. 2023 was 48.73.

The historical rank and industry rank for Melco Holdings's Days Payable or its related term are showing as below:

NGO:6676' s Days Payable Range Over the Past 10 Years
Min: 48.03 Med: 65.88 Max: 84.16
Current: 55.33

During the past 13 years, Melco Holdings's highest Days Payable was 84.16. The lowest was 48.03. And the median was 65.88.

NGO:6676's Days Payable is ranked worse than
62.34% of 2419 companies
in the Hardware industry
Industry Median: 67.83 vs NGO:6676: 55.33

Melco Holdings's Days Payable declined from Dec. 2022 (52.36) to Dec. 2023 (48.73). It may suggest that Melco Holdings accelerated paying its suppliers.

Melco Holdings Days Payable Historical Data

The historical data trend for Melco Holdings's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Melco Holdings Days Payable Chart

Melco Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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52.97

56.01

55.33

50.68

48.03

Melco Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															52.36	55.12	58.13	56.59	48.73

Competitive Comparison of Melco Holdings's Days Payable

For the Computer Hardware subindustry, Melco Holdings's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Melco Holdings's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Melco Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Melco Holdings's Days Payable falls into.

Melco Holdings Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Melco Holdings's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (13466	+	14588)	/	2 )	/	106589	*	365
=	14027					/	106589	*	365
=	48.03

Melco Holdings's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (14332	+	17009)	/	2 )	/	29345	*	365 / 4
=	15670.5					/	29345	*	365 / 4
=	48.73

Melco Holdings Days Payable Related Terms

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Melco Holdings (NGO:6676) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Melco Holdings Inc (NGO:6676) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

6676:Japan

Address

30-20, Ohsu 3-chome, Akamon-dori Building, Naka-ku, Nagoya, JPN, 460-8315

Website

http://melco-hd.jp

Melco Holdings, Inc. is a holding company with interests in manufacturing computer and broadband equipment. Its product portfolio includes storage products, flash memory devices, digital home products, memory modules, network and broadband products, and computer and electronics supplies, accessories, and components. It also offers support services such as computer set-up at doorstep, surveys for corporate wireless LANs as well as installation. The firm has business operations throughout Japan, Asia, Europe, and the United States of America.

Melco Holdings (NGO:6676) Headlines

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